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. we're following developing news right now. president obama is taking to twitter right now, part of the intensifying push by the white house to get public opinion on their side over negotiations against house republicans on the so-called fiscal cliff. the president himself tweeted out plans for the q and a a short time ago saying he'll answer questions about the cliff, his proposal and pending tax hikes on the official white house twitter feed. press secretary jay carney insisted the white house is still optimistic it can reach a deal with congressional republicans. >> there has been progress, and we can achieve a bipartisan agreement. the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2%. >> and there are just 29 days to go for the two parties to find some sort of middle ground, and joining me now from the white house nbc news correspondent kristen welker. what's the back story on this it twitter q and a for the president, which should start
room" begins right now. >>> happening now, president obama says we're out of time for anything but a down payment for solving the nation's spending crisis. >>> amid fears, the government may resort to chemical weapons, nato says yes to turkey to giving them patriot missiles. we'll talk to the former british prime minister, tony blair. >>> as they await a new heir to the throne, the british consider changing the rules about who can become king or queen. i'm wolf blitzer. you're in "the situation room." >>> we begin with president obama's latest ideas for getting past the standoff with house republicans. he now says there isn't enough time left to do a comprehensive deal, including tax reform, fixing medicare. so he wants congress to raise tax rates for the wealthy right now and putting off the hard work to next year. they have 28 days left to make a deal before the country hits what's called the fiscal cliff. that's a combination of across the board tax increases for everyone, coupled with cuts in spending like defense, education, health care, and housing assistance. let's go li
so much. and good luck with it. i hope it sells. >> cheers. >>> all right. president obama is speaking out about the fiscal cliff in his first television interview since the election. he spoke with bloomberg's white house correspondent yesterday and the white house just aired on bloomberg television minutes ago. here's some of what the president had to say about the republican proposal to close tax loopholes without raising taxes on the country's top 2%. >> it's not me being stubborn. it's not me being partisan. it's a matter of math. you know, there's a lot of talk that somehow we can raise $800 billion or a trillion worth of revenue by closing loop hopes and destructions. but a lot of your viewers understand that the only way to do that if you completely eliminated, for example, charitable deductions. well, if you eliminate charitable deductions that means every hospital and university and nonfor profit agency across the country would suddenly find themselves on the verge of collapse. so that's not a realistic option. >> that aired a few minutes ago. we'll have a lot more
americans, which of course is what president obama campaigned on. so those are the big differences right now. but this certainly is important, wolf, because republicans were saying that they're not even sure that this ball was in their court. clearly they realized it was. so the talks -- there is stalemate no more, put it that way. >> on this key issue of marginal tax rates for the wealthy, the republican offer is keep the tax rates exactly as they are right now, 35% for that 2% wealthiest families making more than $250,000. the obama proposal is raise that rate to 39.6% where it was during the clinton administration. what else is in this new gop proposal? >> reporter: let's show you some of the savings when it comes to government spending. first of all, they put about $600 billion in what the republicans are calling health savings. we understand -- we don't have details. we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spe
's a little more nuance than the talking point coming off of capitol hill from the republican side right now. but, of course, everybody is talking about shared sacrifice from president obama to john boehner to governor herbert of utah. their version of fixing the fiscal cliff is that acceptable shared version. >> reed wilson, thank you for being with me. i appreciate it. we're going to be right back on msnbc right after this. [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed
news. all right let's go back to washington now because president obama may be signaling that there is some flexibility in the battle over raising tax rates. here he is yesterday. >> i am ready and able and willing and excited to go ahead and get this issue resolved in a bipartisan fashion so that american families, american businesses have some certainty going into next year. and we can do it in a balanced and fair way, but our first job is to make sure the taxes on middle class families don't go up. martha: okay. so president obama is also saying that he wants to raise taxes on families earning more than $250,000, but that move would only generate about $85 billion a year. that is a drop in the bucket compared to the amount of u.s. debt. and that number is about what the federal government spends in just eight days. so if he gets what he wants everybody over 250,000 pays more it's going to cover eight and a half days of the government spending amount and some would say the government spending problem. art laugher joins me now. architect of reagan tphopl i raeug reagann
for president obama, and for the american economy. >> so right. does this come down to political opinion? is that going to be the sway factor? and if so, where is the political opinion? who gets that vote? >> polls in the united states show that raising taxes on the wealthy is an attractive proposition, a popular proposition. this might come down to december 28th or december 29th, december 30th where both sides are still locked in their corners and one side has to give. now, president obama ran his campaign on raising income rates, raising marginal income tax rates on americans. so he's perceived to have the upper hand in this debate. there's no question about that. john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show th
't plan right now, don. >> thank you. appreciate it. >>> up next, president obama face to face with a guy that tried to take his job. we are learning more about the closed-door meeting between the president and mitt romney. >>> plus, we're following breaking news out of syria right now where the internet is out and fighting over the airport in damascus escalating right now. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! social security are just numbers tthinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal
or france. she was the biggest bundlers raising more than $500,000 for the obama campaign. >>> that's now your top news. you know what? >> i'm trying to breathe in and absorb the last story. all right. there is a new voice joining the immigration debate with hispanic voters overwhelmingly siding with president obama for the second straight election. the trio of latino mega donors including eva longoria are launching a new group aimed at mobilizing that energy and enthusiasm. the primary focus is to grow a strong social media presence and help the white house in passing comprehensive immigration reform. they see this has a chance to work with republicans who may be wobbling after losing a second straight presidential loss. >>> the secretary of state is denying she is running for president for 2016 insisting she just needs time off. michael bloomberg has another idea. according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new y
. that is the sticking point. president obama wants those tax rates raised. john boehner, he wants fewer deductions, limits on deductions. that's the status quo right now of the discussion there. i want to bring you to the big board because we're going nowhere this tuesday morning on very low volume. back below 13,000. tuesday morning, here's the company: elizabeth macdonald is with us. david asman is with us. and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally diff
business pro. good choice. go national. go like a pro. >>> priority number one right now for president obama is reaching a deal on the fiscal cliff. just 31 days left until we hit those automatic spending cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from beginning up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans onboard, i'll sign this bill as soon as congress sends it may way. but it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the wealthiest americans. >> in the republican response, senator orrin hatch takes that hostage met foaphor one step further. >> unfortunately, some on the other side of the aisle are proposing a disastrous thelma and louise strategy, putting our already weak economy in further jeopardy. >> president ob
americans looming. >> right now i will say we are nowhere. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off the president may disagree but the fact is if there is a another way to get revenue from upper income americans that does not hurt our economy why would we not consider it. >> the president wants to in the bush era tax cuts for people making more than a quarter of a million dollars per year. the average middle-class public to pay about 2000 a year more in taxes. >> there is no reason why 98 percent of americans have to see their taxes go up because some members of congress on the republican side want to block tax rate increases for 2 percent of the most wealthy americans. >> nancy pelosi pushing for a house vote. >> we think it would be a wonderful christmas gift for the american people to receive a tax cut in january. >> we are optimistic. >> republican senator linda grant is pessimistic sang that it is a joke. >> the clock
these municipalities? >> there is no mention so far. but you are right to point out the union connect. president obama's reelect heavily supported by municipal unions and it's the pensions promised to municipal union workers, that is what is strangling many of the states that are in such dire straight. illinois and california in particular. will quid pro quo be called in by municipal unions like it has been called in by the municipal councilmember. martha: what happens if they don't get it. what happens if there aren't bailouts. >> detroit is bankrupt. other cities have declared bankruptcy. they are gone. it's debatable whether those union pensions are in pact paid. if you are looking over the cliff, the municipal debt and the state debt cliff, you are right on the edge of serious problem for states and cities all across the country. detroit has said we are talking bailout. that's a huge question. martha: stuart, thank you. it seems like we are standing on a plateau and there are cliffs all around. in 2011, 13 cities filed for bankruptcy. that's the highest annual level we have seen in 20 years. nearl
44 branches. we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now time for the president to be getting involved to respond to the republican offering. he claims that the republican offer was balanced, and because republicans cannot just sit there and negotiate with themselves. here's more from the top republican leaders a short time ago. >> i will be here and i will be available at any moment. so, the president and get serious about solving this problem. reporter: they asked the president sit down so we can stop wasteful spending in washington. on the democratic side, there is emphasis that congress should pass the middle-class tax cuts for people earning up to $250,000 per year
at the white house. we don't know what's on the menu when president obama, mitt romney meet for lunch today. that's right. the president is hosting his former rival about 30 minutes or so from now. it is a promise the president made during a victory speech on election night. listen. >> it's only because we love this country deeply. we care so strongly about its future. in the weeks ahead i also look forward to sitting down with governor romney to talk about where we can work together to move this country forward. >> mitt romney, he was stunned by his defeat, but gracious in his concession speech. it looked like everybody was ready to make nice until romney's remarks in a phone call to top donors days after the election. he said he lost because president obama gave policy gifts to key voting groups, including miss panics, african-americans, and young voters. >> what the president's campaign did was focus on certain members of his base coalition, give them extraordinary financial gifts from the government, and then work very aggressively to turn them out to vote. >> fast forward to today when
in if congress does not act. president obama and republicans seem to be playing a game of political chicken right now. the president's proposal as 1.6 trillion in hired taxers over the next couple of years. he proposes a tax cuts and stimulating spending to stimulate the economy. the two sides may try to come together. waiting for a chance to dry out here. a lot of clouds and traffic. 50 degrees in san francisco and a high in the upper 50s. >> watching flood levels this morning on bay area rivers as many are staying in their banks. we did have some flooding. the napa river reached flood stage yesterday afternoon. mayor to clean up in lafayette with the sinkhole and excavator is on this and not picking up debris. >> we get a dry day today but not for a long >> we should expect them rally later on tomorrow in the evening hours. it will pick up in intensity wednesday morning. tomorrow will be a -- today will be a dry day in the bay area. a cold start to the morning and low '40's for napa fairfield and 50 out the door in san francisco. afternoon highs, we will not warm-up by much. everyone is in the
in the house was a lot clearer than obama's, who spent 86% of the pro-obama ads were trashing romney personally. so he won the right not to be romney but he didn't win the power to impose anything he wants. >> okay. hold that thought. robert, i want you to hold your response until we come back after the break. you've got about two minutes to make this really, really good. this december, remember -- m] you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. ends decemb
obama's, who spent 86% of the pro-obama ads were trashing romney personally. so he won the right not to be romney but he didn't win the power to impose anything he wants. >> okay. hold that thought. robert, i want you to hold your response until we come back after the break. you've got about two minutes to make this really, really good. [ man ] in hong kong, on my way to the board meeting... anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] b
from the irs heading your way all thanks to obama care. here i-94 to break them down for us is diane macedo from the fox business network. >> that's right. the irs is releasing the rules on how to implement the new taxes that will take effect in 2013 to help pay for the affordable care act. one of the main runs is 3.8 percent sir tax on the investment income. the first tax ever to be applied to capital gains and dividend income. it is a broad range of investment securities and those making thmore than 200,000 a ye and married couples making more than 250,000. they are set to pay a .9 percent healthcare tax on their wages. together the two taxes are supposed to raise 318 billion over ten years. over those years more and more people will be taking them because the income level triggered the taxes doesn't rise with inflation. any one planning to sell a house make more than 500,000 and those gains will also be taxed. they will release a new form for taxpayers to fill out. 1230 returns related to all of the new taxes. all of the rules make it harder for individuals to comply with the regu
in and end this. i hope it doesn't. i hope, obama, if you're listening right now, you have compassion for everybody out here. >> reporter: recognition, even on this day, their new right fragile and uncertain. now, it it may get a little more certain in days to come. colorado before january 5th is supposed to approve, and the governor is going to sign off on their initiative legalizing marijuana there as well. they're slightly different but mainly the same in the way they treat it, and most proponents feel that once two states do it, the cat is out of bag, and you're going to see many states rushing into the marijuana game. wolf? >> thanks very much, miguel. let's go right over to the white house. the president and first family are getting ready to light the white house christmas tree. let's listen in. >> happy holidays to you, mr. president. >> is it time? >> i think it's time. >> i think it's time. >> for the big button. let's count it down, everyone. >> i hope everybody's ready. we've got to do the countdown. starting with five. five. four. three. two. one. ♪ ♪ >> merry christma
of business. >> gretchen: really? wait a minute. what percentage of people watching right now think that president obama would offer mitt romney secretary of business. >> brian: that is. >> gretchen: that would be fantastic but i doubt it. >> brian: in reading his bio. one of the business mistake was working in the cabinet for president nixon. i am personally kind of disappointed that bee are talking about tax rates for the rich. >> steve: campaign. >> brian: what about the middle class people standing in the back drop as they need a break and the president urging for something to be done yesterday and there is no scheduled meetings with john boehner. >> gretchen: it is annoying to see just a campaign. how many people are tired of a campaign speech. why not come to the table and figure it out. i don't understand it. >> steve: at this point, both sides know what they will give up. what their concessions will be. they don't want to go first. we are 33 days away from the official fiscal cliff and sailing off of it . in the washington post they describe a sense much gloom descending ove
freedom and liberty for people. you would have to thi thnk that egypt is not going in the right direction. >> do you think the united states has a role? >> certainly it does. president obama came out during the egyptian up riding saying that it has to go. clearly the united states has put itself on the side of people that want to live in freedom and democracy. i think it does deserve the united states making a strong remark. the way the constitution is written morsi's decree suggests that egypt is going in the wrong direction. this kind of contested national dialogue is a good thing. the problem is no one is moving toward compromise. they're moving toward confrontation. that means that brotherhood will seek to impose its will on the residents of the population and nobody is willing to put up that. >> what does this say about morsi? he came across as this broker in the gaza negotiation. is he a dictator in sheep's clothing? >> when we were on your program over the summer and morsi wads elected president and he said he's a fighting personality. this is the way i think both of us expected hi
more. going over the fiscal cliff could cost america jobs. >> we're only expanding 2% right now. it needs to be considerably higher to bring more people off unemployment. >> reporter: for the jobless, president obama is asking congress for millions more. and more on the president's plan which will pitch to governors today largely spares social security and medicare. >> tracie potts for us in washington, thank you. >>> now to the crisis in syria. new reports that the white house and its allies are weighing military options to secure syria's chemical and biological weapons. president obama and secretary of state hillary clinton both issued warnings to syria monday after intelligence picked up signs the assad regime might be making preparations of some kind with its large stockpile of chemical weapons. >> i want to make it absolutely clear to assad and those under his command the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences and you will be held accountable.
and put businesses in a further hole. president barack obama, august, 2009. he was absolutely right then. those facts hold true today. it's not just those facts hold true over a small period of time, mr. speaker. those facts hold true over a decade. john kennedy's quotes, president john f. kennedy, i just want to take you back, mr. speaker, it's not as if these are new ideas we are talking about. this isn't some rocket science problem that's suddenly been thrust upon the united states of america in 2012. these are basic economics. adam smith talked about these years ago. this is in one of john f. kennedy's news conference in 1962 as he was providing the largest tax cut in modern american history he said this, he said it's a paradoxical truth that tax rates are too high and tax revenues are too low. that's where we are today, mr. speaker. tax rates are too high and tax revenues are too low. it's a paradoxical truth that can be true. he goes on. he says the soundest way to raise revenues, that's exactly what we are trying to do when we talk about balanced approach. we need to cut spending.
in the right direction. >> do you think the united states has a roll, steve? >> certainly it does. president obama came out during the egyptian up riding saying that it has to go. clearly the united states has put itself on the side of people that want to live in freedom and democracy. 'til now, the administration has been circumspect. i think it does deserve the white house making a strong statement about the importance of freedom, democracy, accountability, rule of law. certainly as mark said, the way the constitution is written morsi's decree suggests that egypt is going in the wrong direction. in the abstract, this kind of contested national dialogue over a constitution is a good thing. the problem is that no one, no one is moving towards compromise, they're moving towards confrontation. and what that means is that the brotherhood will seek to impose its will on the rest of the population, and as we've seen in the past two weeks, nobody is willing to put up with that. >> what does this say about morsi? he came across as this broker in the gaza negotiation. is he a dictator in sheep's clo
right. thanks for that. that's the latest. meanwhile president obama and michelle obama paid tribute to this year's recipients of the kennedy honors. they're recognized for contributions to the arts. >> when the brits in additionally kept their distance, led zeppelin grabbed america from the opening. we were ready for what jimmy called songs with a lot of light and shape. it's been said that a generation of young people survived teenage angst with a pair of head phones and a zeppelin album and a generation of parents wondered what all that noise was about. >>> in the united states today, november ism manufacturing index out at 10:00 eastern. forecast for a reading of 51. also october construction spending. expected to rise half a percent. and james bullard speaks about the monetary policy at 1:40 p.m. a pretty light day for earnings. look for results from pep boys. they are after the close. as far as u.s. futures are concerned right now, we are implied for an upward start. s&p 500 called up 1.5 points, nasdaq 20. dow has been down last two months #%. nasdaq up about 1%. s&p up 0.3%.
the fiscal cliff. but right now they're miles apart and digging in their heels. president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't think that the issue right now has to do with sitting in a room. >> reporter: earlie
, wjz eyewitness news. >>> president obama also told business leaders he will not play games with the fashion's debt ceiling. >>> a string of unseasonably mild days continues right now. a live look outside. and not too bad of a day. but not nearly as warm as the last few days we've seen. bob is in the first warning weather center with the updated forecast. bob? >> if you were asleep all day today, awake yesterday. and going out tonight. big change. because temperatures have been dropping. down to 49. now, it's down to freezing. 32 in oakland. that's coming our way. 48, ocean city. and we are running 11 degrees colder right now than we were yesterday at this time. in oakland, 22 degrees colder, as you see, out to the west. white a bit colder. and tomorrow will be a sunny, dry day. but it will be chilly. temperatures only in the 40s. probably only mid-40s tomorrow afternoon. it will be colder next day or so. but even milder air coming back for the weekend. >>> big business for baltimore. the national aquarium is one of the most popular t
the super rich who get dividend income from their stock investments, right now you pay a 15% tax on that, and president obama wants to change that to you should get taxed on that income as though it's your actual, like, salary. and if that, if he gets his way on that, then that income goes up to whatever your salary tax rate is, plus if you're over 200 or 250, the 3.8%, plus the .9% as well? >> >> it would be just the 3.8. the% 9 is for wage income above that 200 or 250. but it would be on top of your ordinary income tax rate, so we could be looking at investment income being taxed more harshly than regular income. megyn: well, why should we care about that? for those of us who don't have that many investments, why do we care? >> well, we should care because the tax on capital has a major impact on the economy overall, on productivity growth and, therefore, on standards of living. the way that you have a more prosperous economy, is you need to have incentive to encourage capital formation, to encourage investment, to increase worker productivity -- megyn: what are people going to do with
not given the fatal order to attack, matt. >> hey, mick, a few days ago, president obama warned the syrian regime, if you use chemical weapons, quote, there will be consequences, and you will be held accountable. talk to me about any viable military options the u.s. has at its disposal right now. >> the preemptive strike is pretty much limited. ground troops out of the question. as syria has one of the most robust air defense systems in the world given to them by the russians. and cruise missiles could be launched but not against the missile sites themselves because that would indicate and could easily spread the deadly sarin gas. some have suggested, our, cruise missiles could be launched at regime targets. you know, but the solution to this may be occurring right now as we speak there in dublin where secretary of state hillary clinton is holding an unscheduled meeting with the russian foreign minister about syria. russia is syria's largest ally. if they can be convinced to withdraw some of that support, then it appears that the days for president assad's regime could be over. >> all righ
times come. right now we are not doing anything. we are not taking any -- drastic action with obama care. >> i want to ask you if your growth is limited by something that we are increasingly becoming aware of which is -- the huge growth in latino demographic in this country. a couple of blocks away from me are -- series of fantastic cheap mexican restaurants. does that limit your growth or something that enhances your growth prospects? >> what that does is -- it is -- enhances it because the flavor proceed piles become known before we get to them a market what a we bring is more than just, you know, southwestern mexican food. we bring a whole level of energy to the environment and we bring things that the competition don't bring. and we are -- we are providing a dining opportunity for families that they can't get anywhere else. >> one question. do you -- you get pressure on your menu in terms of this -- american diet fad that's going on? have you changed your menu over time to be -- somewhat responsive to that need? >> we are doing that kind of behind-the-scenes. tony la russaed sodium a
said. they want to go off of the fiscal cliff. then negotiations fail president obama will not get blamed. it is someone else. >> gretchen: marjorie that sounds right other than the middle class getting hit with a tax hike isn't everything that ron just part of the dnc. >> it is it a big issue. president obama and really american people don't want to see middle class americans pay additional 2000 in taxes n which is what will happen in addition to cuts to programs . we want to cut and the american people want to see cut. there is it a few things. first more americans would blame the republicans and not president obama if we went off of the fiscal cliff. that is a motivation. >> brian: yeah. >> gretchen: ron, why do they feel that way? >> brian:ip totally agree with you. looking at polls and say republicans will get blamed and so why not runuss off of the cliff. >> republicans should have their own plan. the majority of americans in exit polls have said we should balance and ask the wealthiest to pay more. >> gretchen: wait, wait, wait, wait, wait. ron. that's not true. nothing is g
. i asked the mayors, they said we went to business and said, what do you need to make this right? and i wish the obama administration would -- >> indiana and illinois. >> the key thing for business competitivene competitiveness with regard to health care, it's the slowest on record. now, you could -- >> it's the recession. >> it could be. >> the slow growth -- >> that wouldn't explain all of it. it does feel like -- of course we need more data points. >> it sharply outpaces inflation. >> not in the last two years. >> it's come down. >> not if you are somebody who is at a small company who is -- >> business is -- the most important there is the growth in the cost of health care. if this is helping to bend the cost curve -- >> if you talk to small businesses, they are looking at double digit increases. the tale of two worlds here. >> people that are 45 -- >> talk to any business person, they're adjusting and the health care industry's adjusting. >> we've got to go. >> we should have a longer conversation on this. >> yes, absolutely. >>> coming up, more data still ahead. we'll get t
is that in a lot of things president bush was having to persuade conservative columnists that he was right on the surge or immigration, social security, all sorts of different things. but he also did something that president obama doesn't do regularly. and that is take a lot of questions from the white house press corp. that is where you get stronger and better answers, sometimes deeper answers to questions that america deserves to know. not -- the problem for president obama is that who he talked to yesterday is a narrow slice of the audience. more people know about that now than would have ever seen it on that other network. he needs broaden out and talk to and try to persuade people that are not just on the left. >> brian: you remember you invited charles charles and other conservatives before he actually took office? >> remember, they were charmed and they said, huh, maybe this is going to go better than we thought. and then they were bitterly disappointed. >> steve: let's talk a little bit about this. the congressman from in texas, steve forbes out yesterday talking about look, we've
? we'll show you who rex ryan called in to qb. >>> plus, president obama handing out the kennedy center honor as wards to this year's crop of entertainment icons including david letterman, dustin hoffman. we'll have that story and a check on weather when "way too early" comes right back. >>> today in cincinnati, stunned city officials are trying to learn what went wrong last night outside a rock concert by a british group called the who. a huge crowd waiting for general admission seats suddenly surged toward entrance doors. the people elbowing and kicking each other. many were pushed under, and the crowd stampeded over them. 11 died. restore revive rejuvenate rebuild rebuild rebuild try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash
right now. the last couple of months, you've gone to the white house, met president obama. i heard he gave you some souvenirs, as well. >> yes. he gave me a pen and presidential m&ms. >> you still have the m&ms? >> no. >> i guess they are pretty good. and we all watched you on "dancing with the stars." >> yes. >> the fierce five showing up to help shawn out. that must have been fantastic. >> it was a lot of fun. and we had so much fun performing on stage with shawn and derek. >> so, what is next? you're on the book tour right now. going to have a little break over christmas. but gymnastics, still in your blood, right? >> i'm hoping to attend 2016 and get back into the gym. get back in the swing of things. and just gain more. i want to go to more world championships. and i think it would be cool to attend two more olympic games. >> it would be cool for all of us. thank you for coming in today. the book is called "grace, gold & glory." it's in stores today. >>> when we come back, a hol >>> back, now, with a real favorite of ours, katherine jenkins. with us throughout the "dancing with t
jobs, but we prop up government with higher taxes. i think that's a bad deal for america. >> right. let's talk about speaker boehner, though, because he's obviously in your position, the one that you occupied, and there is a sense that he and barack obama just don't have much of a relationship. certainly nowhere near as warm and constructive as the one you ended up having with president clinton. >> first of all, we earned -- you have to ask president clinton this but i think it's a fair thing to say. we earned president clinton's respect in part by closing the government twice and being in a very rough and tumble fight. he came to believe we were serious. we were the first republican congress in 40 years but more importantly, we were the first re-elected republican house since 1928. that happened i think because we showed we actually were serious people willing to take the heat, willing to do what it took and willing to work our way to get real solutions. i would say that president clinton and i developed a relationship out of recognizing that we both had to be in the same room, we both
's no official meetings right now between the white house and congressional leaders. of course, there are meetings going on behind the scenes and contacts between the white house and congressional republicans but nothing official. president obama is taking this sort of outside strategy where as we saw him last week he goes outside of washington. he'll be giving remarks to the business roundtable this week, meeting with business leaders tomorrow. other stakeholders this week and he's trying to kind of put some pressure on congress and learn from a mistake that he made you might say during say the debt ceiling negotiations where you saw these meetings with congressional leaders but there really wasn't a whole lot of payoff and didn't make the president look particularly effective. an issue to be resolved is to tackle entitlement reform. you have the white house and republicans saying you need to put meat on the bones and going back and forth. listen to what republican senator bob corker said. >> i think the really discussions around the fiscal cliff haven't even begun to be serio
a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> europe follows asia higher. president obama and congressional leaders making positive commentses about the likelihood they'll strike a deal to avoid the fiscal cliff. mining giant rio tinto plans to reign in spending by $7 billion, but still promises to beef up iron ore output. uk banks bracing for possible new rules. and hitting the jackpot, the search is on for the lucky winners of the power ball lockry as two tickets matched all the the numbers. >>> look at the yields falling to 5.22 and 4.5% respectively. italy was town break the 4.5% mark earlier. euro-dollar is rebounding. dollar-yen also moving higher. aussie dollar was an underperformer. gold prices have stabilized. what did the volatile prices mean? we're joined by scott evans. scott, welcome. the extra ordinary move yesterday in gold wasn't so much the decline as the nature of it. we saw a sharp falloff in gold and
right quit for the week. most lawmakers assume correctly there are bit players until there's a deal. that looks more complicated until mr. obama demanded republicans raise the debt ceiling this month without any spending cut strings attached. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again as part of a budget negotiation, i will not play that game. because we've got to break that habit before it starts. >> reporter: the president sees the fiscal cliff showdown as an opportunity to break that linkage for good. republicans say they will not increase the debt ceiling now $16 trillion and due to expire in february without more deficit reduction. >> history shows the only major deficit cutting deals we ever do around here, ever, comes after debates over the debt ceiling. it may be a good idea if you don't care about the debt, but it's a non-starter for those of us who do. >> reporter: public opinion generally is on the president's side, but republicans in the house are not paralyzed or perilous, mo
ahead. caller: hello. i like to ask a question as far as the obama health care takes affect. will the benefits if an employer pays your insurance be considered in come and taxed accordingly? that's my question. thank you. guest: as of right now, it would still be protected from taxation. that is something on the line as part of tax reform. with aaron,talking good morning. caller: looking at tax credits on this thing and one non be looking at reducing some of the extraneous taxes that are out there and then we get a tax credit for them? host: can give an example? caller: no, because i have somebody prepare my taxes. they are not a big amount. we're being taxed and taxed again, if that makes any sense to you. guest: that proponent of the tax reform talks about their so much in the code that is extraneous and unnecessary. to hold down to something less unwieldy than will we have today. host: mark on the independent line, hi. caller: i appreciate you taking my call. .'m 42 every time there is an election, therequartefour years, is a big squabble about the unfair taxation. many c
, in a proclamation president obama says in part that the united states is committed to preventing the disease is quote, spending and ending this pandemic once and for all. >> do same-sex couples have a constitutional right to mayor? we don't know yet. the u.s. supreme court held a closed-door meeting to decide whether to hear a series of appeals. but they didn't say if they will take action on the divisive issue. some took this as a sign that nine justices need more time. we expect an announcement by monday morning. >>> and we continue to keep an eye on former president george h.w. bush this morning who is in stable condition at houston's methodist hospital. he was admitted eight days ago and is being treated for bronchitis. his office says the former president is expected to be released in the next few days. bush is 88 years old. the oldest living former president. >>> and to staten island now where a town hal meeting where victims of superstorm sandy got so heat that had we had to share it with you. >> you think it's a joke. you really think it's a joke. you go home for the holidays, i don'
it seem to you that the president feels as though he has some leverage here? he won the election, right? >> he did. >> maybe that accounts for what's in his proposal. >> yeah. this is clearly a different president obama than the one we saw during the debt ceiling negotiations or even after the midterm elections in 2010 when he felt a little weakened and there was the extension of those bush tax cuts for the wealthy. so i think when you're seeing here is a president who put this on the table, trying to please his base, okay? which got him elected after all. saying, this is my wish list, this is in a perfect world, this is what i would do. i don't think anyone at the white house expected the republicans to say, oh, thank you mr. president, yes, this looks lovely. let's go on and work on a deal. no, that's not what it was. the white house -- this is alfonse gaston a little bit here. and so they're waiting for the republican response. and what they're really talking about, brooke, is getting some kind of a first step. a down payment. ironically they all know what -- in the big picture needs
to the down side and policy easing was appropriate right now. it did point to some signs of strength, though, particularly in china saying growth there appears to have stabilized and the european economy remain as president obama. domestically it says a return to strong consumption is unlikely and that the rate cut is designed to foster growth in the local economy. wayne says he wouldn't be surprised to see a slight moderation in the growth numbers. the that's the latest from sydney. >> meanwhile qualcomm set to become a sizable shareholder in sharp. they're investing $61 million in struggling japanese lcd firm, but could double that if all goes well. the deal announced after the monthly close will see joint efforts on energy efficient smartphone displays. this will be through qualcomm subsidiary. sharp shares higher on reports that the deal would be announced up 1%. and cargo ships are stacking up offshore and the strike moves in to its second week. contract talks resumed on monday. the longest disruption of the busiest port since a ten day lockout in 2002. but this one is taking place afte
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